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AB INTL GROUP Announced Drama Movie ‘Confusion’ on Movie NFT Drop Sold 600,000 STARS on Its NFT MMM

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AB International Group Corp. (OTCQB: ABQQ) announced the successful sale of 6,000 NFTs from its movie 'Confusion' through its NFT marketplace, NFT MMM. This drop constitutes 50% of the movie's special territory copyright, with a total of 10,000 NFTs available. The transaction, which began on June 25, involved 600,000 Stars on the platform. CEO Chiyuan Deng expressed optimism about the results amidst a challenging cryptocurrency market, anticipating increased interest from movie producers in releasing NFTs via NFT MMM. The company is also set to launch a video streaming service under the brand ABQQ.tv.

Positive
  • Successful sale of 6,000 NFTs for the movie 'Confusion'.
  • High interest with 600,000 Stars participating in the NFT transaction.
  • CEO's optimism about future NFT releases despite challenging crypto market.
  • Planned launch of ABQQ.tv, a streaming service, expected to generate immediate revenue.
Negative
  • None.

NEW YORK, July 05, 2022 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and movie investment and licensing firm, its NFT MMM, one of leading movie NFT marketplaces, today announces the Drama movie 'Confusion' sold out released six thousand of the 'Confusion' Movie NFT's drop (totally ten thousand) for 50% of Drama movie ‘Confusion’ special territory copyright. 600,000 Stars completed transaction on NFT MMM platform beginning June 25 through today.

The NFT MMM platform is continuing to release remaining 'Confusion' Movie NFT to buyers who are interested in owning IP rights and revenues of movie by owning its Movie NFT drops, until 100% sold out.

Chiyuan Deng, AB’s Chief Executive Officer, stated, "We are excited the Movie NFT release obtained this good result on the bad situation of the crypto currency market. We believe more movie producers will come to release their Movie NFT's drop through NFT MMM platform.”

About AB International Group Corp.
AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged to acquisition and distribution of movies. The Company engages highly anticipated video streaming service targeting global multi-billion dollar and growing video streaming industry. The online service will be marketed and distributed in the world under the brand name ABQQ.tv. ABQQ.tv is expected to generate a new and profitable revenue stream immediately following its launch derived from its hybrid subscription and advertising business model. The company is investing in NFT movie and music marketplace as the unique entertainment industry Non-Fungible Token. www.stareastnet.io 
For additional information visit www.abqqs.com and www.ABQQ.tv and NFT MMM www.stareastnet.io

Forward-Looking Statements
This press release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes to the Company's management team and statements relating to the Company's transformation, financial and operational performance including the acceleration of revenue and margins, and the Company's overall strategy. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties, and general economic and business conditions in AB International Groups markets as well as the other risks detailed in company filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes that happen after the date of this release.

Investor Relations Contact:
Jeff Deng
(212) 918-4519
corp@abqqs.com


FAQ

What is the significance of ABQQ's NFT sale for the movie 'Confusion'?

ABQQ successfully sold 6,000 NFTs for 'Confusion', marking 50% of its special territory copyright.

When did the NFT sales for 'Confusion' start?

The NFT sales for the movie 'Confusion' began on June 25, 2022.

How many NFTs are being sold for the movie 'Confusion'?

A total of 10,000 NFTs are being sold for the movie 'Confusion.'

What platform is ABQQ using for its NFT sales?

ABQQ is using its NFT marketplace, NFT MMM, for its NFT sales.

What are ABQQ's upcoming plans in video streaming?

ABQQ plans to launch a video streaming service called ABQQ.tv, targeting the growing video streaming industry.

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